Helix Exploration (AIM:HEX) has completed its acquisition of the Keyes helium complex in Oklahoma, making the firm an independent US helium producer with ownership of both upstream production and liquefaction infrastructure.
It means the company no longer relies on third-party processing.
Keyes is one of only six operational helium liquefaction facilities in the United States, according to the company.
Helix said the acquisition positions it to capture more value across the supply chain, process both its own and third-party helium, and offer flexible liquefaction capacity to the North American helium market.
